2x Bitcoin Strategy ETF
BITX
Chicago Board Options Exchange- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 2000 PGA Boulevard, Suite 4440 Palm Beach Gardens FL United States of America 33408
- IPO Date
- Jun 27, 2023
- Website
- volatilityshares.com
- Similar Companies
- Business
- Volatility Shares Trust - 2x Bitcoin Strategy ETF (BITX) is an exchange-traded fund that seeks daily investment results, before fees and expenses, corresponding to two times (2x) the performance of the S&P CME Bitcoin Futures Daily Roll Index for a single trading day. The fund invests primarily through derivatives, including Bitcoin futures contracts held via a wholly owned Cayman Islands subsidiary, with a fixed income portion in cash, cash-like instruments, or high-quality securities to support its leveraged exposure; it does not invest directly in Bitcoin spot. Launched on June 26, 2023, BITX operates in the cryptocurrency-linked ETF segment targeting sophisticated investors seeking short-term leveraged returns, with geographic focus on U.S. markets and principal operations managed from Volatility Shares Trust's headquarters at 2000 PGA Blvd, Suite 4440, Palm Beach Gardens, Florida 33408. Volatility Shares LLC, the sponsor and a registered investment adviser since 2019, oversees BITX alongside related leveraged and single ETFs covering Bitcoin, Ether, VIX, Solana, and XRP; recent expansions include the March 26, 2025 introduction of 1x and 2x XRP ETFs and a November 25, 2024 announcement of monthly distributions for BITX. In 2025, the firm added Anand Desai as Head of Portfolio Management and announced reverse splits for products like ETHU, reflecting ongoing portfolio management enhancements amid heightened institutional interest in leveraged crypto strategies.